Sheth Corp Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 14 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 455.05 Cr
- Satisfied Charges ₹ 69.50 Cr
- Revenue Growth 46.90%
- Profit Growth 201.52%
- Ebitda 66.06%
- Net Worth 9.66%
- Total Assets 1.67%
About Sheth Corp
Sheth Corp Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 2010 and has a history of 14 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Etheria Developers Private Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹455.05 Cr. The company has closed loans amounting to ₹69.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashwin Sheth, Chintan Sheth, and Maulik Sheth serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45400MH2010PTC207316
- Company No.
207316
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Aug 2010
- Date of AGM
30 May 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Real Estate and Construction
Who are the key members and board of directors at Sheth Corp?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashwin Sheth  | Director | 01-Nov-2017 | Current |
| Chintan Sheth | Director | 01-Nov-2017 | Current |
| Maulik Sheth | Director | 01-Nov-2017 | Current |
Financial Performance of Sheth Corp.
Sheth Corp Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.9% increase. The company also saw a substantial improvement in profitability, with a 201.52% increase in profit. The company's net worth moved up by a moderate rise of 9.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sheth Corp?
Unlock access to Sheth Corp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Viviana Malls Private LimitedAshwin Sheth, Chintan Sheth and 1 more are mutual person
Sheth Infraworld Private LimitedAshwin Sheth, Chintan Sheth and 1 more are mutual person
Sheth Developers Private LimitedAshwin Sheth, Chintan Sheth and 1 more are mutual person
Sheth Dream Projects LlpAshwin Sheth is a mutual person
- Sheth Homestead Private Limited
Ashwin Sheth is a mutual person
- Sheth Homes Spaces Private Limited
Ashwin Sheth is a mutual person
Charges (Loans)
Open Charges
₹455.05 Cr
Satisfied Charges
₹69.50 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 455.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2021 | Idbi Trusteeship Services Limited | ₹55.05 Cr | Open |
| 04 Mar 2020 | Idbi Trusteeship Services Limited | ₹70.00 Cr | Open |
| 28 Sep 2017 | Idbi Trusteeship Services Limited | ₹330.00 Cr | Open |
| 07 Aug 2014 | Indiabulls Housing Finance Limited | ₹18.00 Cr | Satisfied |
| 24 May 2012 | Indiabulls Financial Services Limited | ₹51.50 Cr | Satisfied |
How Many Employees Work at Sheth Corp?
Sheth Corp has a workforce of 39 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sheth Corp, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sheth Corp's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Sheth Corp
Recent activity within the organization
- Annual General Meeting
Sheth Corp Private Limited last Annual general meeting of members was held on 30 May 2024 as per latest MCA records.
- Balance Sheet
Sheth Corp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 55.05 Cr with Charge ID 100444624 was registered on 11 May 2021.
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 70.00 Cr with Charge ID 100332107 was registered on 04 Mar 2020.
- Director Appointment
Ashwin Natwarlal Sheth was appointed as a Director was appointed as a Director on 01 Nov 2017 & has been associated with this company since 7 years 4 months .
- Director Appointment
Chintan Ashwin Sheth was appointed as a Director was appointed as a Director on 01 Nov 2017 & has been associated with this company since 7 years 4 months .
Recent News, Updates & Announcement
Global, Indian investors eye Raymond land parcel.Global institutional investors and property developers are keen on the tract of land that is part of the bigger, 125-acre parcel at Thanes Cadbury Junction. .
- Altico Capital Partners Funds Mumbai's Sheth Group with Rs.370 Crore for Real Estate Project, Plans to Invest Rs.5,000 Crore in Residential Projects This Year; Naina Lal Kidwai Joins as Director.
Clearwater Capital Partners-backed Altico Capital gives Rs.370 crore loan to Mumbai-based Sheth group for real estate project. Interest rates at 17-17.50%. Altico CEO says Sheth has good track record. Altico plans to invest Rs.5,000 crore in residential projects this year. In 2016, they raised Rs.460 crore from IFC. Net worth is Rs.2,200 crore. Naina Lal Kidwai joins as director." #RealEstateGoals #MoneyMoves #AlticoCapital #ShethGroup #Mumbai #Loan #Investment #IFC #NainaLalKidwai.
- New Towers in Thane: Seth Developers' Vasant Lawns Project Impresses with #RealtyGoals.
Me: Just launched two towers in Thane. Everyone else: Wow, Seth Developers really be flexin' with their Vasant Lawns project. #RealtyGoals #ThaneLiving.
Frequently asked questions
What is the Incorporation or founding date of Sheth Corp Private Limited?
Sheth Corp Private Limited was incorporated on 31 Aug 2010.
What is authorized share capital and paid-up capital of Sheth Corp Private Limited?
The authorized share capital of Sheth Corp Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Sheth Corp Private Limited?
Currently 3 directors are associated with Sheth Corp Private Limited.
- Ashwin Natwarlal Sheth
- Chintan Ashwin Sheth
- Maulik Ashwin Sheth
What is the registered address of Sheth Corp Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sheth Corp Private Limited is 3Rd Floor Prius Infinity Paranjape B Scheme Subhash Road, Vile Parle (East) India, Mumbai, Maharashtra, 400057.
What is the corporate identification number (CIN) and company number of Sheth Corp Private Limited?
The corporate identification number (CIN) of Sheth Corp Private Limited is U45400MH2010PTC207316 and the company number is 207316 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sheth Corp Private Limited?
The Official website of Sheth Corp Private Limited is https://www.shethcorp.com
What has been the recent revenue trend for Sheth Corp Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sheth Corp Private Limited has risen by 46.90%.
How many employees does Sheth Corp Private Limited currently have?
As Per 2023 financial reports, 39 employees are currently employed by Sheth Corp Private Limited.
What change has been observed in the net worth of Sheth Corp Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sheth Corp Private Limited has experienced an upsurge of 9.66%.
What are the total open charges for Sheth Corp Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sheth Corp Private Limited amount to ₹ 455.05 Cr.
When was the last Balance Sheet of Sheth Corp Private Limited filed with the ROC?
The most recent Balance Sheet for Sheth Corp Private Limited was filed with the ROC on 31 Mar 2023.
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